BP's Tatics in Cape Vincent Ny

Monday, February 3, 2014

BP to report lower profits

BP will become the latest oil and gas major to report falling profits and production next week when it unveils full-year profits 
The oil giant embroiled in litigation over 2010’s Macondo oil spill in the Gulf of Mexico has sold almost $40bn (£24.3bn) of assets since the disaster to help fund the current $42.5bn provision for clean-up costs, fines and compensation payments – a disposal programme that has taken its toll on production.

No comments: